201 Howard Drive

O'Fallon, IL 62269

$600,000
Price
Beds
6,048 Sq. Ft.
$99 / Sq. Ft.
6,048
Sq. Ft.
$99
per Sq. Ft.

Description

Take advantage of this excellent investment opportunity in O'Fallon, IL! Address is 201 Howard Dr. and 109 Lee Dr. This property includes 8-two-bedroom, one-bathroom units situated on a single parcel. Two separate 2-story brick buildings share a parking lot on a level corner lot. Most units have received various updates, and a new sewer line was installed in 2024. All eight units are currently occupied, with rental prices ranging from $725 to $775. The property is agent-owned. Please do not disturb...Take advantage of this excellent investment opportunity in O'Fallon, IL! Address is 201 Howard Dr. and 109 Lee Dr. This property includes 8-two-bedroom, one-bathroom units situated on a single parcel. Two separate 2-story brick buildings share a parking lot on a level corner lot. Most units have received various updates, and a new sewer line was installed in 2024. All eight units are currently occupied, with rental prices ranging from $725 to $775. The property is agent-owned. Please do not disturb the tenants. You can view a few units with a pre-approval letter and have access to all units with an accepted contract.
  1. Listed by Rebecca Bollinger • RE/MAX Preferred

Amenities

  • Air Conditioning
  • Corner Lot
  • Forced Air
  • Parking Included
  • Parking Lot
  • Washer / Dryer in Unit
LISTING UPDATED: 12/20/2024 05:06 AM

Property Details for 201 Howard Drive

StatusActive
MLS #24075697
Days on Market3
Taxes$7,434 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1969
Lot Size0.42 AC / 18,295 SF
CountySt. Clair County

Building Information for 201 Howard Drive

Stories-Residences8Year Built1969Building Size-Lot Size0.42 AC / 18,295 SF

Property Information for 201 Howard Drive

Summary
Location and General Information
  • City: O'Fallon
  • County Or Parish: St Clair-IL
  • Latitude: 38.593173
  • Longitude: -89.900786
  • Location: Corner Location
  • Postal Code: 62269
  • State Or Province: IL
  • Sub division Name: Howard Place 1st Add
  • Postal Code Plus 4: 1545
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 04-29.0-202-016
  • Tax Annual Amount: $7,434.00
  • Tax Year: 2023
Owner
  • Owner Name: Bollinger Properties Llc
Parking
  • Attached Garage: No
  • Parking Features: Space/Unit - 1
School Information
  • Elementary School: OFALLON DIST 90
  • High School: OFallon
  • High School District: O Fallon DIST 90
  • Middle Or Junior School: OFALLON DIST 90
Property
Lot Information
  • Lot Size Acres: 0.42
  • Lot Size Dimensions: irr
  • Lot Size Square Feet: 18295.0
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 6048.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 0
  • Photos Count: 12
  • Videos Count: 0
  • Year Built: 1969
  • Disclosures: Unknown,Agent Owned,Sellers Discl. Avail
  • Age: 55
  • Construction Materials: Brick
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Gas
  • Cable Available: 1
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes
  • Laundry Features: Prvt Laund all units
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • TYPE: Apartment Complex
  • Two Bed Unit Baths: 1 Per Unit
  • Two Bed Unit Includes: Eat-In Kitchen,Laundry/Utility,Refrigerator
  • Two Bed Unit Rent: 750
  • Two Bed Unit Units: 8
Income & Expenses
  • Net Operating Income: $61,740.00
  • Total Expenses: 9420.00
Rental
Rent Information
  • Lease Term: Leases
  • Sub Lease: 0
  • Tenant Pays: Electricity, Gas, Sewer, Water

Property History for 201 Howard Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Howard Drive

Taxable ValueLand$7,095Additions$91,026Total$98,121
Tax Record2023$7,434 ($620 / month)
Home Facts
Beds0Total Finished SqFt1,512 SqFtAbove Grade Finished SqFt1,512 SqFtStories2Lot Size18,295 SqFtStyleSingle Family ResidenceYear Built1969Year Renovated1985CountyST. CLAIRAPN04-29-0-202-016

Schools near 201 Howard Drive

This home is within O Fallon Twp Hsd 203 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 5
Rating
School
Distance
Delores Moye Elementary School
PublicPK to 5

Amelia V Carriel Jr High School
Public6 to 8

O Fallon High School
Public9 to 12

New Enterprise Academy
PrivatePK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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201 Howard Drive is a multi-family home for sale in O'Fallon, IL 62269. This property was listed for sale on December 20, 2024 by RE/MAX Preferred, it's currently listed at $600,000. It has been on the market for a total of 3 days and was last sold on May 31, 2023. This listing's school districts are O Fallon Twp Hsd 203 School District, O Fallon Central Consolidated School District 90. Nearby schools include Delores Moye Elementary School, Amelia V Carriel Jr High School and O Fallon High School. 201 Howard Drive is a 0-bed, 0-bath, 6,048 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Preferred

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.